Name: Latest research reports of Graphite India Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Graphite India Ltd.
Rating: 5
Author: ICICI Securities Limited

Graphite India

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ICICI Securities Limited

For Q3FY19, Graphite India reported subdued results wherein topline, EBITDA and PAT came in below our estimate. The performance during the quarter was impacted by higher-than-expected operating costs (especially needle coke) and lower than expected volumes The company reported a consolidated topline of | 1855 crore (up 81% YoY, down 21% QoQ) lower than our estimate of | 1926.1 crore. Consolidated EBITDA for the quarter was at | 1083 crore (Q3FY18: | 543 crore, Q2FY19: | 1640 crore, our estimate: | 1193 crore). The...